Alexander And Kline Give Statement On Student Loan Interest Rate Report

Friday, January 31, 2014

Senator Lamar Alexander and House Education and the Workforce Committee Chairman John Kline (R-Mn.) issued the following joint statement after the Government Accountability Office (GAO) released a report on federal student loan interest rates:

“Today’s GAO report makes it clear that Congress was exactly right to tie student loan interest rates to market rates, because that is the fairest way to ensure the loans don’t overcharge either students or taxpayers. The Bipartisan Student Loan Certainty Act cut interest rates for undergraduate loans nearly in half and made all student loans cheaper, simpler and more certain.”

The Bipartisan Student Loan Certainty Act (also known as the Smarter Solutions for Students Act) included a provision directing the GAO to provide information on issues related to the cost of federal student loans. Specifically, the report was intended to help members of Congress determine whether there was an ideal federal student loan interest rate that would ensure the government could cover Direct Loan costs without generating excess revenue. To read the full report, entitled “Borrower Interest Rates Cannot Be Set in Advance to Precisely and Consistently Balance Federal Revenues and Costs,” click here.


Central High Class Of 1960 To Have 55th Reunion On Sept. 11

The Chattanooga Central High School Class of 1960 is having its 55th reunion on Friday, Sept. 11, at the Mountain City Club, 721 Chestnut St. Mix & Mingle begins at 6 p.m. with dinner at 7:15 p.m .   Cost is $40 per person.  Checks should be payable to CHS Class of 1960 and mailed to Pam Harless Miller, 254 South Crest Road, Chattanooga, Tn., 37404-5521. ... (click for more)

Lee’s Kicklighter Earns PhD

Lee University’s Dr. Taz Kicklighter has earned his doctorate in athletic training from Rocky Mountain University of Health Professions.  His dissertation, titled “A Holistic Investigation of Clinical Reasoning in Athletic Training,” discusses the measurement, understanding, and development of clinical reasoning ability in athletic trainers and athletic training students.  ... (click for more)

Boy, 4, Struck By Vehicle Near Tunnel Boulevard

A four-year-old boy was struck by a vehicle near Tunnel Boulevard on Saturday afternoon. A t approximately 4:20 p.m.,  the Chattanooga Police Department responded to 3400 Through St. on a c hild struck by a vehicle.  T he victim was conscious when officers arrived. He was transported to a local hospital. I nvestigators are continuing to compile ... (click for more)

Assessor Bennett, Former Assessor Ramsey In Jetton Camp For Assessor Of Property

Assessor of Property Bill Bennett and former Assessor Claude Ramsey recommended Sterling Jetton as the next assessor at a breakfast fundraiser at Wally's Restaurant in East Ridge on Saturday morning. Mr. Jetton, who spent 27 years in the assessor's office, is running against County Commissioner Marty Haynes in the March 1 Republican primary. Noting the political heavyweights ... (click for more)

DWT Is DUI

A routine narrative of a DUI arrest report goes something like this:   The defendant was operating a motor vehicle in the 00 block of sonsoroad. The driver was weaving back and forth across the marked roadway. The defendant drove through a stop sign. Was stopped at an intersection despite the traffic light was green. Entered the lane of another vehicle and caused a ... (click for more)

Roy Exum: ‘Black Lives Matter’ To Me

Between the time a 14-year-old boy was shot four times late Sunday afternoon on 7 th Street and a 20-year-old reputed gang member was killed Tuesday night on Willow Street, there appeared in my morning reading an article on “Black Lives Matter.” I read it because I mourn over what the black community continues to struggle with in both our city and our country. It is an article, ... (click for more)